Movado Group Q2 Net Profit Declines; Trims FY23 Net Sales Outlook

Movado Group Q2 Net Profit Rises; Trims FY23 Net Sales Outlook

Luxury watch maker Movado Group, Inc. (MOV) reported Thursday that net income attributable to Movado for the second quarter grew to $24.0 million or $1.05 per share from $19.41 million or $0.82 per share in the prior-year quarter.

RTTNews | 1075 dias atrás

Pound Eases Against Most Majors

The pound retreated against its most major counterparts in the New York session on Monday.

RTTNews | 2 h 22 min atrás

Swiss Market Ends Marginally Down

After an early sharp drop, the Switzerland market recovered some lost ground Monday morning, but stayed in negative territory right through the day's trading session, as investors largely stayed cautious, waiting for directional clues.

RTTNews | 3 h 43 min atrás

European Markets Close On Firm Note As Stocks Rebound On Bargain Hunting

European markets closed on a firm note on Monday, rebounding well from recent losses, as investors indulging in some bargain hunting after previous week's setback following U.S. President Donald Trump's sweeping tariff announcement.

RTTNews | 3 h 55 min atrás

U.S. Factory Orders Pull Back Sharply In June

After reporting a substantial increase by new orders for U.S. manufactured goods in the previous month, the Commerce Department released a report on Monday showing factory orders pulled back sharply in the month of June. The Commerce Department said factory orders dove by 4.8 percent in June after soaring by an upwardly revised 8.3 percent in May.

RTTNews | 7 h 38 min atrás

Weak Jobs Data Limits Dollar's Rebound

A smaller-than expected addition to non-farm payrolls curtailed the dollar's rally fueled by a hawkish Fed stance, higher-than-expected PCE-inflation readings, as well as anxiety ahead of the U.S.-China trade talks and the looming trade tariff deadline.

RTTNews | 7 h 40 min atrás

Eurozone Investor Sentiment Weakens Unexpectedly

Euro area investor confidence deteriorated unexpectedly in August as the newly reached trade deal with the U.S. deepened concerns about the current economic situation as well as the outlook, data from the behavioral research institute Sentix showed on Monday. The Sentix investor sentiment index fell steeply to -3.7 in August from 4.5 in July. The measure was expected to climb to 6.2.

RTTNews | 8 h 58 min atrás

Bay Street Seen Opening On Cautious Note

Canadian stocks may open on a mixed note on Monday with investors likely to stay cautious ahead of implementation of levies imposed by U.S. President Donald Trump, and a slew of earnings announcements due this week. Weak oil prices may weigh a bit.

RTTNews | 9 h 6 min atrás

EURUSD	1.15687	GBPUSD	1.32803	AUDUSD	0.64658
USDJPY	147.065	USDCAD	1.37798	USDCHF	0.80776

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Movado Group Q2 Net Profit Declines; Trims FY23 Net Sales Outlook